For Lease · Office

605 2992 GLEN DRIVE, Coquitlam

605 2992 GLEN DRIVE, Coquitlam, BC V3B0V2

$789,000 per sq ft / yr

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

86%

Year Built

2025

Lot Size

0.021464646464646464 ac

About this property

935 SF of sixth floor office space with excellent southern view. This is the best priced office space, per square foot, in Coquitlam at just $843 psf. Exceptional value for brand new office space in Central Coquitlam on Glen Drive. Call or Email the listing agent for a private tour. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$789K
Down payment30% · $237K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$37K

Annual cash flow

$-6K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

64,476

Households

25,117

Median income

$116,000

Median age

35.3

Daytime population

82,376

5-yr growth

8.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 605 2992 GLEN DRIVE, Coquitlam.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.